The Real Estate and Housing Developers’ Association (Rehda) is in talks with Bank Negara Malaysia (BNM) to work out plans to help the property market at a time when the country is on the brink of a technical recession. “At this point in time, we’re gathering the...

KUALA LUMPUR (March 27): The Government has announced several measures aimed at assisting the B40 given the challenges brought about by the COVID-19 pandemic and the Movement Control Order (MCO), ranging from one-off cash handouts to rental exemptions. Households...

SEREMBAN (Bernama): Yang di-Pertuan Besar Negri Sembilan Tuanku Muhriz Ibni Almarhum Tuanku Munawir on Monday (Jan 20) proclaimed Seremban as a city and opened the Seremban City Council (MBS) Complex (Wisma Majlis Bandaraya Seremban), here Monday night. Also present...

It could be one of the most bizarre situations in the housing industry. On one hand we have many people who find it difficult to own a home, while on the other hand we have completed but unsold homes piling up in the market. The Malaysian property sector has been...

The general understanding is that both the Joint Management Body (JMB) and Management Corporation (MC) are entrusted with the powers and responsibilities to manage common areas of stratified developments, enforce by-laws and collect maintenance charges and...

2019 was a busy year for the property market that began with the launch of the Home Ownership Campaign (HOC) to give the soft market a little push. Data also showed that property transactions increased in 1H2019 for the first time since 1H2015. But where did potential...

A day in Selayang begins as early as 3am when the Klang Valley’s largest wholesale market — Pasar Borong Selayang — jumps into frantic activity. Fresh produce are unloaded and loaded while both buyers and sellers try to catch a good deal. The market is one of...

On Nov 26 2019, the Federal Court ruled that the Housing Controller can no longer grant an extension of time (EOT) to developers who are unable to construct or complete their projects on time. The new ruling is a great win for Malaysian homeowners.What is Extension of...

KUALA LUMPUR: AT least 10 roads in the city will be off limits to private vehicles by 2025 with plans to turn them into pedestrian-only stretches like in many cities around the world. The goal is to reduce the number of cars entering the capital. It will see several...

GEORGE TOWN: The old waterfronts on Penang Island and Seberang Perai will see a rejuvenation over the next few years in an effort to boost business activities. Chief Minister Chow Kon Yeow said the project, under a concept called “Penang Bay”, will encompass the...